NOT LISTED FOR SALE

4242 E Rainbow Dr Gilbert, AZ 85297

Power Ranch Neighborhood

Estimated Value: $640,000 - $699,000

3 Beds
2.5 Baths
2,960 Sq Ft
$227/Sq Ft Est. Value

Last Sold September 23, 2021

Last sale price $600,000 $203 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,805/month

12 Days on Market

Highlights

  • Private Pool
  • RV Gated
  • Vaulted Ceiling
  • Power Ranch Elementary School Rated A-
  • 0.2 Acre Lot
  • 1 Fireplace

About This Home

As of September 2021

This home sits on a premium corner lot with a gorgeous backyard including a sparkling pool, putting green and plenty of space and privacy. Upon entering the home you will notice the vaulted ceilings and grand staircase. Full office downstairs as well. The kitchen opens to the family room with large custom pantry, built in island and table with seating. The kitchen features granite countertops and stainless steel appliances with both electric and gas options for the stove. Upstairs you will find the master bedroom with large master bath. Additional two bedrooms and built in reading nook with private entrance. Custom travertine throughout the home with beautiful built in fireplace with travertine surround and wood mantle. This is a beautiful move in ready home!

Last Agent to Sell the Property

Janine Igliane

Keller Williams Realty East Valley License #SA646592000 Listed on: 08/13/2021

Last Buyer's Agent

David Phan

Keller Williams Integrity First License #SA688210000

Keller Williams Integrity First

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,640

Year Built

  • Built in 2003

Lot Details

  • 8,709 Sq Ft Lot
  • Desert faces the front of the property
  • Block Wall Fence
  • Artificial Turf
  • Corner Lot

HOA Fees

  • $87 Monthly HOA Fees

Parking

  • 4 Open Parking Spaces
  • 3 Car Garage
  • RV Gated

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Stucco

Interior Spaces

  • 2,960 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • 1 Fireplace
  • Solar Screens

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 2.5 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Pool

  • Private Pool

Schools

  • Power Ranch Elementary School
  • Sossaman Middle School
  • Higley High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • Water Softener

Listing and Financial Details

  • Tax Lot 272
  • Assessor Parcel Number 313-01-835

Community Details

Overview

  • Association fees include street maintenance
  • Prca Association, Phone Number (480) 988-0960
  • Built by STANDARD PACIFIC OF ARIZONA
  • Power Ranch Neighborhood 4 Subdivision

Amenities

  • Recreation Room

Recreation

  • Tennis Courts
  • Community Playground
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,640

Year Built

Built in 2003

Lot Details

0

HOA Fees

$87 per month

Parking

3

Listing Details

  • Cross Street: Germann & Power Rd
  • Legal Info Range: 6E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 86.67
  • Basement: N
  • Parking Spaces Slab Parking Spaces: 4.0
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: Y
  • Year Built: 2003
  • Tax Year: 2020
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 0.2
  • Subdivision Name: POWER RANCH NEIGHBORHOOD 4
  • Property Attached Yn: No
  • General Property Description:PriceSqFt: 202.7
  • Association Fees:HOA Fee2: 260.0
  • Cooling:Ceiling Fan(s): Yes
  • Cooling:Central Air: Yes
  • Windows:Solar Screens: Yes
  • Water Source City Water: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Gas Cooktop: Yes
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile
  • Basement YN: No
  • Spa Features: None
  • Appliances: Gas Cooktop, Electric Cooktop
  • Total Bedrooms: 3
  • Fireplace Features: 1 Fireplace
  • Fireplace: Yes
  • Interior Amenities: Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Soft Water Loop, Vaulted Ceiling(s), Kitchen Island, Pantry, Full Bth Master Bdrm
  • Living Area: 2960.0
  • Stories: 2
  • Window Features: Solar Screens
  • Community Features:ClubhouseRec Room: Yes
  • Kitchen Features:RangeOven Elec: Yes
  • Kitchen Features:RangeOven Gas: Yes
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Community Features:BikingWalking Path: Yes
  • Community Features:Comm Tennis Court(s): Yes
  • Kitchen Features Pantry: Yes
  • Other Rooms:Great Room: Yes
  • Other Rooms:Family Room: Yes
  • Community Features:Children_squote_s Playgrnd: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Lot Features: Corner Lot, Desert Front, Synthetic Grass Back
  • Pool Features: Private
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Wood Frame, Painted
  • Roof: Tile, Concrete
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: RV Gate
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Open Parking Spaces: 4.0
  • Parking Features:RV Gate: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Programmable Thmstat
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Tennis Court(s), Playground, Biking/Walking Path
  • Association Fee: 260.0
  • Association Fee Frequency: Quarterly
  • Association Name: PRCA
  • Phone: 480-988-0960
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: PRCA
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee: 2500.0
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Street Maint

Schools

  • Elementary School: Power Ranch Elementary
  • High School: Higley High School
  • Middle Or Junior School: Sossaman Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8709.0
  • Parcel #: 313-01-835

Building Info

  • Builder Name: STANDARD PACIFIC OF ARIZONA

Tax Info

  • Tax Annual Amount: 2640.0
  • Tax Book Number: 313.00
  • Tax Lot: 272
  • Tax Map Number: 1.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2021
Closed on
Sep 23, 2021
Sold by
Niemyjski Stanislaw and Niemyjski Danuta
Bought by
Phan David
Seller's Agent
Janine Igliane
Keller Williams Realty East Valley
Buyer's Agent
David Phan
Keller Williams Integrity First
List Price
$625,000
Sold Price
$600,000
Premium/Discount to List
-$25,000
-4%
Current Estimated Value
$670,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,539
Avg. Annual Appreciation
2.66%
Original Mortgage
$540,000
Outstanding Balance
$491,360
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$179,179

Purchase Details

Closed on
Aug 5, 2003
Sold by
First American Title Insurance Co
Bought by
Niemyjski Stanislaw and Niemyjski Danuta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,856
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Phan David $600,000 United Title Agency Llc
Niemyjski Stanislaw $214,885 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Phan David $540,000
Previous Owner Niemyjski Stanislaw $186,856
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/23/2021 09/23/21 Sold $600,000 -2.4% $203 / Sq Ft
08/22/2021 08/22/21 Pending -- -- --
08/17/2021 08/17/21 Price Changed $615,000 -1.6% $208 / Sq Ft
08/10/2021 08/10/21 For Sale $625,000 -- $211 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $2,453 $33,131 -- --
2024 $2,630 $31,553 -- --
2023 $2,630 $49,830 $9,960 $39,870
2022 $2,513 $38,480 $7,690 $30,790
2021 $2,590 $35,260 $7,050 $28,210
2020 $2,640 $33,280 $6,650 $26,630
2019 $2,556 $29,800 $5,960 $23,840
2018 $2,466 $28,350 $5,670 $22,680
2017 $2,376 $27,380 $5,470 $21,910
2016 $2,374 $26,650 $5,330 $21,320
2015 $2,110 $25,770 $5,150 $20,620
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2021

    Janine Igliane

    Keller Williams Realty East Valley

  • D

    Buyer's Agent in 2021

    David Phan

    Keller Williams Integrity First

    Section Image
See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6278543

Arizona Regional Multiple Listing Service (ARMLS)

APN: 313-01-835

Arizona Maricopa County Gilbert 85297 Power Ranch

4242 E Rainbow Dr, Gilbert, AZ

Not Listed for Sale

Detached

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

Nearby Homes